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Nataly_w [17]
4 years ago
9

Who elects the governing body of a mutual insurance company?

Business
1 answer:
Mariulka [41]4 years ago
3 0

The answer is <u>"policyowners".</u>


A mutual insurance company is claimed by policyholders. The sole motivation behind a common insurance agency is to give protection scope to its individuals and policyholders, and its individuals are given the privilege to choose administration. Government law, as opposed to state law, decides if a safety net provider can be delegated a common insurance agency.  

Mutual insurance companies exist to guarantee that the advantages guaranteed to policyholders can be paid over the long haul. Since they are not exchanged on stock trades, shared insurance agencies can stay away from the weight of achieving here and now benefit targets.  

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Mervon Company has two operating departments: mixing and bottling. Mixing occupies 23,045 square feet. Bottling occupies 18,855
fiasKO [112]

Answer:

Mixing= $112,000

Bottling= $91,800

Explanation:

Giving the following information:

Mixing occupies 23,045 square feet

Bottling occupies 18,855 square feet.

Total sq= 41,900

Indirect factory costs include maintenance costs of $204,000.

First, we need to calculate the proportion of square feet for each department:

Mixing= 23,045/41,900= 0.55

Bottling= 18,855/41,900= 0.45

Now, we can allocate overhead:

Mixing= 0.55*204,000= $112,000

Bottling= 0.45*204,000= $91,800

7 0
4 years ago
Characteristics of just-in-time partnerships do not include:
julia-pushkina [17]
<span>Characteristics of just-in-time partnerships do not include:
a.focus on core competencies.
b.removal of in-transit inventory.
c.long-term contracts.
d.large lot sizes to save on setup costs and to gain quantity discounts.
e.produce with zero defects.


The answer is B</span>
5 0
3 years ago
Lois wants to start an art gallery. However, because of lack of adequate funds, she decides to borrow money from a bank. The ban
IRINA_888 [86]

Answer: Loan

Explanation: In simple words, loan refers to lending of money by one entity or a group of entities to some other party. The individual or organisation taking the loan have to repay it in installments in a specified period. The installment repaid is a sum of principal and the interest charged.

In the given case, Lois borrowed money from a bank and is liable to repay that loan within a specified time period.

Hence from the above we can conclude that the correct option is B.

8 0
4 years ago
Dr. Osorno was served with a malpractice lawsuit based on allegedly removing the wrong organ. Following discovery, it becomes cl
ra1l [238]

Answer:

Correct option is A.

<u>The lawyer should make a motion for summary judgement</u>

Explanation:

A movement for rundown judgement is Sled offer the disclosure procedure attesting that no truthful debates exist and that if the appointed authority applied the law to the undisputed realities, her solitary sensible choice would be agreeable to the moving party.

6 0
3 years ago
Fruit ```````` `Price ````` Number of Ounces
almond37 [142]

Answer:

E) 71

Explanation:

4 0
3 years ago
Read 2 more answers
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